FrontView REIT, Inc. (NYSE:FVR – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the thirteen ratings firms that are presently covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $22.50.
Several research analysts recently weighed in on the stock. Citigroup reissued a “buy” rating on shares of FrontView REIT in a research note on Wednesday, July 1st. Morgan Stanley upped their price objective on shares of FrontView REIT from $18.00 to $21.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 8th. Wells Fargo & Company raised their target price on shares of FrontView REIT from $19.00 to $23.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. JonesTrading reaffirmed a “buy” rating and issued a $21.00 target price on shares of FrontView REIT in a research note on Thursday, August 6th. Finally, BMO Capital Markets increased their price target on FrontView REIT from $21.00 to $24.00 and gave the stock an “outperform” rating in a research note on Monday, July 20th.
View Our Latest Research Report on FVR
FrontView REIT Trading Down 0.6%
FrontView REIT (NYSE:FVR – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. FrontView REIT had a return on equity of 0.29% and a net margin of 2.10%.The firm had revenue of $16.40 million for the quarter, compared to analysts’ expectations of $18.31 million. FrontView REIT has set its FY 2026 guidance at 1.320-1.340 EPS. Equities analysts forecast that FrontView REIT will post 1.2 EPS for the current fiscal year.
FrontView REIT Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Wednesday, September 30th. FrontView REIT’s dividend payout ratio (DPR) is presently 2,866.67%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in FrontView REIT during the second quarter worth approximately $90,166,000. Corient Private Wealth LP acquired a new position in shares of FrontView REIT in the 2nd quarter valued at $12,544,000. Corient Private Wealth LLC grew its stake in shares of FrontView REIT by 353.1% during the 4th quarter. Corient Private Wealth LLC now owns 760,883 shares of the company’s stock valued at $11,231,000 after buying an additional 592,940 shares during the period. Invesco Ltd. grew its stake in shares of FrontView REIT by 2,897.7% during the 4th quarter. Invesco Ltd. now owns 421,933 shares of the company’s stock valued at $6,228,000 after buying an additional 407,858 shares during the period. Finally, First Eagle Investment Management LLC increased its holdings in shares of FrontView REIT by 1,230.4% during the 4th quarter. First Eagle Investment Management LLC now owns 399,126 shares of the company’s stock worth $5,891,000 after buying an additional 369,126 shares during the last quarter.
About FrontView REIT
FrontView REIT specializes in real estate investing.
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